The 2018 lows have been well supported at 1.3050 as the pair climbs higher within the descending channel eyeing resistances at 1.315, 1.3276 21-DMA, 1.3315 Jun 22 high and the 1.3331 weekly cloud top. To the downside, the 1.3000's are open below the 1.3040/50 levels, where the Nov 3 low is located. Deeper, eyes will turn to the 1.29 level. On the flipside, a much wider 1.3461 (50-D SMA)/80 comes before the convergence of the 200-D SMA and 1.3597/1.3600 convergence comes as the upside target.